(ANSA) - ROME, OCTOBER 13 - The Bank of Italy revises its estimates for the economy downwards which now, in the base scenario, see a growth in GDP in Italy of 3.3 percent this year, to 0.3 in 2023 and at 1.4 in 2024. In the update note with respect to the July bulletin (which do not reflect those conducted within the ECB), however, "a high degree of uncertainty" prevails.
In the event of an adverse scenario with a total blockade of supplies and a slowdown in trade, GDP would expand by 3 percent this year, contract by more than 1.5 percent in 2023 and return to moderate growth only in 2024. inflation will begin to gradually decline only in the course of 2023 only with the progressive stabilization of energy prices, albeit at high levels, and the
Inflation would stand at 8.5 per cent on average in 2022, mainly due to the sharp rise in energy prices "" and the rise in food prices ": The next year would fall to 6.5 per cent on average in 2023 and at 2.3 in 2024. (ANSA).